Metals

Trade metals and diversify your portfolio across gold, silver and more. Get consistently low spreads plus fast and reliable execution.

Metals
XAGUSD XAUUSD
XPDUSD XPTUSD

Trading hours

Instrument Open Close
XAU, XAG Sunday
22:05
Daily break 20:59-22:01
 Friday
20:59
XPDUSD, XPTUSD Sunday
22:10
Daily break 20:59-22:05
 Friday
20:59
All timings are in server time (GMT+0).

Spreads

Spreads are always floating. Because of this, the spreads in the above table are averages based on the previous trading day. For live spreads, please refer to the trading platform.

Swaps

Swap is the interest that is applied to all metals trading positions that are left open overnight. It is credited to or withdrawn from your trading account at 22:00 GMT+0 each day excluding the weekend until the position is closed.

Triple swaps are charged on Wednesdays to cover costs incurred over the weekend.

If you are a resident of a Muslim country, all accounts are automatically swap-free.

Fixed margin requirements

Margin requirements for XPT (platinum) and XPD (palladium) pairs always remain fixed with a leverage of 1:100.

Dynamic margin requirements

Margin requirements are tied to the rate of leverage you use. Changing your leverage will cause margin requirements on XAU (gold) and XAG (silver) pairs to change.

Just as spreads change depending on conditions, the leverage available to you can also vary. This can happen for a number of reasons:

Equity

The maximum leverage that you can use on your account depends on your account’s equity:

Equity, USD Maximum leverage
0 - 9,999 1:200 – 1:500
10,000 1:100

Economic news

Around the release of relevant high-impact economic news, new positions on XAU and XAG pairs are limited to 1:200 leverage. This applies from 15 minutes before the news release to 5 minutes after.

You can find out when major economic news is due for release on our Economic Calendar.

Weekends and holidays

The same higher margin requirements also apply three hours before a market closes and one hour before it opens in winter or two hours before in summer.

When there is a change in margin requirements due to holidays, we will inform you via email.

Daily breaks

All new XAU positions opened in the 30 minutes before the daily break will be subject to increased margin requirements with leverage being capped at 1:1000.

Read more about the changes in margin requirements in the FAQ below.

Frequently asked questions

Here are our most frequently asked questions about trading metals with RAMI.

Like our spreads, our margin requirements for XAU and XAG are also dynamic and change under some circumstances:

  • Around important news
  • Around weekends and holidays
  • Around daily trading breaks
  • When your equity changes

When important news is released, significant volatility and gaps can occur. Using high leverage in a highly volatile market is risky because sudden movements can result in larger losses. That’s why we cap leverage at 1:200 during news releases for all new positions for instruments impacted.

The following rules apply when it comes to setting levels for pending orders:

  • Pending orders along with SL and TP (for pending orders) must be set at a distance (at least the same as current spread or more) from the current market price.
  • SL and TP in pending orders must be set at least the same distance from the order price as the current spread.
  • For open positions, SL and TP must be set at a distance from the current market price which is at least the same as that of the current spread.

At RAMI, we know how it feels when your pending order falls in a price gap, so it’s only fair that we guarantee no slippage for virtually all pending orders that are executed at least 3 hours after trading opens for an instrument. However, if your order meets any of the following criteria, it will be executed at the first market quote that follows the gap:

  • If your pending order is executed in market conditions that are not normal, such as during a period of low liquidity or high volatility.
  • If your pending order falls in a gap but the difference in pips between the first market quote (after the gap) and the requested price of the order is equal to or exceeds a certain number of pips (gap level value) for a particular instrument.

Gap level regulation applies to specific trading instruments.

Like our spreads, our margin requirements for XAU and XAG are also dynamic and change under some circumstances:

  • Around important news
  • Around weekends and holidays
  • Around daily trading breaks
  • When your equity changes

When important news is released, significant volatility and gaps can occur. Using high leverage in a highly volatile market is risky because sudden movements can result in larger losses. That’s why we cap leverage at 1:200 during news releases for all new positions for instruments impacted.

The following rules apply when it comes to setting levels for pending orders:

  • Pending orders along with SL and TP (for pending orders) must be set at a distance (at least the same as current spread or more) from the current market price.
  • SL and TP in pending orders must be set at least the same distance from the order price as the current spread.
  • For open positions, SL and TP must be set at a distance from the current market price which is at least the same as that of the current spread.

At RAMI, we know how it feels when your pending order falls in a price gap, so it’s only fair that we guarantee no slippage for virtually all pending orders that are executed at least 3 hours after trading opens for an instrument. However, if your order meets any of the following criteria, it will be executed at the first market quote that follows the gap:

  • If your pending order is executed in market conditions that are not normal, such as during a period of low liquidity or high volatility
  • If your pending order falls in a gap but the difference in pips between the first market quote (after the gap) and the requested price of the order is equal to or exceeds a certain number of pips (gap level value) for a particular instrument.

Gap level regulation applies to specific trading instruments.